Author Question: Cost-push inflation: a. occurs when the aggregate demand curve shifts rightward. b. occurs when the ... (Read 62 times)

Engineer · **on:** Jun 30, 2018

Cost-push inflation:
a. occurs when the aggregate demand curve shifts rightward.
b. occurs when the aggregate supply curve shifts rightward.
c. results in a decrease in the unemployment rate.
d. results in a movement along the aggregate demand curve.
e. is caused by the same factors that lead to demand-pull inflation.

Question 2

Food stamps and Medicaid are in-kind transfer programs.
a. True
b. False
Indicate whether the statement is true or false